Worldcoin jumps 16%, reclaims KEY support – WLD can rally to $1 IF…

ambcrypto.com 2 h

Analytics

Worldcoin [$WLD] surged more than 16% over the last 24 hours and climbed to $0.587, as trading activity returned aggressively across the market. By the way, the rally emerged after weeks of persistent weakness and pushed $WLD back toward a major resistance zone.

In fact, trading volume reached $666.37 million, although it declined by 17.3% from the previous session.

Even so, buyers maintained control throughout the recovery and lifted $WLD from its recent lows.

The latest advance also brought renewed attention to the token’s broader market structure, which had remained under pressure for several months.

Why are futures sellers still resisting?

Despite the strong price recovery, derivatives data continued showing signs of underlying caution.

Futures Taker CVD remained seller-dominant, indicating that aggressive sell orders still outweighed market buy orders during the rally.

This divergence suggested that a portion of market participants continued taking profits or opening fresh short positions into strength.

Nevertheless, Worldcoin continued advancing even while futures sellers remained active, which highlighted the resilience of spot demand beneath the surface.

Such behavior often reflects a market where buyers absorb persistent selling pressure without allowing price to retrace significantly.

While seller dominance remained visible within futures markets, the inability of bears to halt the advance suggested that bullish participation had strengthened considerably during the latest recovery phase.

$WLD regains key levels as RSI surges

Price action improved significantly after Worldcoin rebounded from the $0.2289 support zone and staged a powerful recovery. The rally reclaimed the important $0.4438 level before pushing directly toward resistance at $0.6323.

This recovery altered the market structure and reduced immediate downside risks that had dominated previous months.

Meanwhile, the Relative Strength Index climbed to 59.81 and moved decisively above its signal average near 38.02, reflecting strengthening buying interest.

The indicator also approached bullish territory without entering overbought conditions, leaving room for additional upside if demand persisted.

Should buyers secure a weekly close above $0.6323, Worldcoin could target the next resistance at $0.8450.

A successful breakout there would open the path toward $1.00, which marked a major historical supply zone on the weekly chart.

Exchange outflows continue supporting the rally

Spot flow data showed that investors continued removing tokens from exchanges despite the strong recovery.

The latest Netflow reading at press time reached approximately -$225,700. And that extended the broader trend of negative exchange flows.

Such behavior often reflects accumulation because traders generally move assets away from exchanges when they intend to hold rather than sell.

Although the outflow figure remained relatively modest compared to historical spikes, it still aligned with the improving price structure.

In addition, the absence of major exchange inflows reduced concerns about immediate sell-side pressure.

The combination of rising prices and persistent outflows suggested that market participants had not rushed to distribute holdings into the rally, which strengthened the constructive outlook surrounding the current advance.

Can Worldcoin reach $1 after reclaiming support?

$WLD entered a much stronger position after reclaiming critical support and driving RSI back toward bullish territory.

Futures sellers continued applying pressure, yet buyers absorbed that activity and maintained the recovery.

Negative spot netflows further supported the bullish case by showing that exchange balances did not rise during the advance.

If buyers secure a decisive breakout above $0.6323, the path toward $0.8450 could open quickly.

Beyond that level, $1.00 would become the next major objective.

Based on the current structure, $WLD appeared more likely to extend its recovery than revisit recent lows, provided support at $0.4438 remained intact.